Gideon Smith: Fundamentals and the golden age for quants

I chat with Gideon, CIO & global head of portfolio
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CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Anton Orlich, CalPERS' newly minted deputy chief investment officer for private markets, says the fund’s July adoption of the total portfolio approach will not impede the private equity strategy launched in 2022, arguing that short-term relative-value calls made under TPA would be expressed in liquid markets and not by oscillating commitments to private markets. In an interview with Top1000funds.com, Orlich unpacks the asset class’s four-year transformation.

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A sustainability taxonomy for investors

The EU expert group for sustainable finance has published a taxonomy, or green encyclopedia, that gives guidance to investors looking to finance the transition to an economy in line with the Paris Climate Agreement. PGGM’s Brenda Kramer, who is a member of the EC’s sustainable finance technical expert group, explains how this could be a game changer in the long term.

Risk aversion matters: life-cycle design

A key issue in life-cycle fund design is setting the right ‘glide path’ for switching from growth to defensive assets over time. As it turns out, risk aversion is far more important than pension fund balance. New research raises a note of caution over offering a single, one-size-fits-all life-cycle fund.

ADIA boosts internal active fixed income

The $700 billion Abu Dhabi Investment Authority, ADIA, is boosting its internal fixed income capabilities and scaling up capacity to run active strategies in-house as it simplifies the portfolio to become more fleet-of-foot.

A roadmap for career adaptability

The second in a series of articles by the CFA Institute outlines a roadmap on how investment professionals can navigate the accelerating change and disruption affecting the investment industry.

Finding risk: First State Super

A decade of ultra-low rates and mediocre growth does not mean that every year will yield low returns for investors, according to Damian Graham, the CIO of First State Super one of Australia's largest institutional investors. He talks about how to get enough risk in the portfolio.

How to spot an authentic leader

The investment industry needs authentic leaders: what do they look like? Rob Lake argues for a new form of leadership that is intensely human and can stimulate more innovation and creativity in work.

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